Senate To Confirm CBN’s MPC nominees

The Senate on Wednesday mandated its Committee on Banking and Finance to begin the process of confirming four presidential nominees as members of the...

Nigeria’s External Reserve Hits $46bn – CBN

Nigeria’s External Reserves now stands at $46 billion as at the close of business on Friday, March 9, 2018 steadily heading towards the $50...

Oil Subsidy May Return -Baru

The Nigerian National Petroleum Corporation (NNPC) is worried about the proliferation of fuel stations in communities at the nation’s borders which has led to...

Nigerians Are Getting Poorer, Says IMF

The International Monetary Fund (IMF) says Nigerians are getting poorer and that “coherent and comprehensive” economic reforms are urgently needed in the country. The gross...

Petrol Scarcity | Marketers Pushes For Incentives

Oil marketers in Nigeria may have opted to lobby the federal government to consider and grant them some form of tax holidays and other...

Power Generation, Now 5,155MW –Fashola

The quantum of electricity generated and supplied through the national grid reached an all-time high of 5,155 megawatts on December 8, 2017, surpassing the...

CBN Injects More $285.7m Forex Market

The Central Bank of Nigeria (CBN) on Friday injected a total of $285,759,449.10 into the Inter-Bank Foreign Exchange Market to meet requests in four...

Why We Retained 14% Interest Rate, By CBN

Of seven MPC members that attended yesterday’s session, six voted for retention of Monetary Policy Rate (MPR) at 14 percent; Cash Reserves Ratio (CRR)...

Naira Falls Against Dollar

The naira on Monday depreciated further against the dollar at the parallel market, exchanging at N367 to the dollar. The Nigerian currency lost one point...

FG Withdraws Suit Against Seven Banks Over TSA

The federal government has filed a notice of discontinuance of a suit it filed before Justice Chuka Obiozor of a Federal High Court in...
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Davido, Wizkid, Simi, Olamide Lead Nominations For Headies 2018

After some waiting, the list of nominations for the 12th edition of the Headies has been released, with usual suspects like Davido, Simi, Wizkid...

Ndigbo Not Politically Smart, Just Political Hustlers, Says Okorocha

Governor Rochas Okorocha of Imo State has declared that politicians of Igbo extraction are in reality not smart in the political turf. The governor held...

Buhari Returns To Abuja From London

President Muhammadu Buhari has returned to Abuja from London, United Kingdom. His plane touched down at Nnamdi Azikiwe International Airport Abuja at about 7:31pm on...
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